The stakeholder perspective is an alternative way of understanding
how companies and people create value and trade with each other.
Freeman, Harrison and Zyglidopoulos discuss the foundation concepts
and implementation of stakeholder management as well as the
advantages this approach provides to firms and their managers. They
present a number of tools that managers can use to implement
stakeholder thinking, better understand stakeholders and create
value with and for them. The Element concludes by discussing how
managers can create stakeholder oriented control systems and by
examining some of the important stakeholder-related issues that are
worthy of future scholarly and managerial attention.
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